Paramount Global Quick Ratio 2010-2024 | PARAA
- Paramount Global average quick ratio for 2023 was 1.08, a 14.96% increase from 2022.
- Paramount Global average quick ratio for 2022 was 1.27, a 20.13% decline from 2021.
- Paramount Global average quick ratio for 2021 was 1.59, a 20.45% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.